Beijing allows overseas investment after 17-month break
This is a discussion on Beijing allows overseas investment after 17-month break within the China News forum, part of the Doing Business in China category; China has resumed approvals for institutions to buy overseas securities under its tightly managed offshore investment regime after a 17-month ...
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China
Join Date: Jan 2008
Posts: 796
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China has resumed approvals for institutions to buy overseas securities under its tightly managed offshore investment regime after a 17-month hiatus, suggesting Beijing believes the worst of the financial crisis is over
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#2 |
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Forum Administrator
Join Date: Jun 2007
Posts: 1,242
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The State Administration of Foreign Exchange granted new quotas to E Fund Management and China Merchants Fund Management to invest up to $1bn and $500m respectively in offshore securities, according to industry analysts.
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